$ETH

Will Ethereum become as simple as Bitcoin in 5 years, as Wei Shen said?

This Ethereum upgrade includes simplifying the consensus layer, execution layer, and VM transition with backward compatibility strategies, and simplification through shared protocol components. However, Ethereum faces challenges beyond just the signature protocol.

What is most impressive about Bitcoin is its extreme simplicity of the protocol. Historically, Ethereum has not performed well in this regard, leading to unnecessary development costs, security risks, and a closed research culture.

Moreover, this is not the first time Ethereum has "upgraded". So why is there a second upgrade, especially since the first upgrade ended in a significant drop in value? What position will the price reach after the second upgrade?

This time means that Ethereum's foundation will no longer be made up of "various patchwork compromises", but instead built as "protocol building blocks" based on true engineering aesthetics. However, the reality is not so simple; the recent market situation for Ethereum has been difficult to describe. One can only hope that this part of the Ethereum protocol can be improved, as it remains very critical. #eth #加密市场反弹